Challenger Energy Group (LON:CEG) Stock Price Up 9.1% – Still a Buy?

by · The Markets Daily

Challenger Energy Group PLC (LON:CEG – Get Free Report) shares rose 9.1% during mid-day trading on Saturday . The company traded as high as GBX 10 ($0.12) and last traded at GBX 9 ($0.11). Approximately 5,488,671 shares changed hands during trading, an increase of 141% from the average daily volume of 2,272,807 shares. The stock had previously closed at GBX 8.25 ($0.10).

Challenger Energy Group Trading Up 9.1 %

The firm has a market capitalization of £18.89 million, a price-to-earnings ratio of -20.45 and a beta of 1.53. The business’s 50-day moving average price is GBX 6 and its 200 day moving average price is GBX 4.73. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.56 and a quick ratio of 0.89.

About Challenger Energy Group

(Get Free Report)

Challenger Energy is a Caribbean and Americas focused oil and gas company, with a range of onshore and offshore oil and gas assets in the region. The Company’s primary focus is on its Uruguay exploration acreage and its Trinidad production business

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